$5,950,000
$1M PRICE DROP

5540 SE 157th St Summerfield, FL 34491

Estimated payment $32,352/month

Total Views 3,113
-- Bed
1 Bath
504 Sq Ft
$11,806 Price per Sq Ft

Highlights

  • Lake Front
  • 22 Paddocks and Pastures
  • Barn
  • Challenge School Rated A
  • 42 Horse Stalls
  • Horses Allowed in Community

About This Home

This 61+ acre farm features one of the most beautiful elevations in all of Marion County! Are you dreaming of a life surrounded by nature, luxury, and top-tier equestrian facilities? Imagine waking up to the serene sounds of sandhill cranes and the sight of rolling hills adorned with numerous majestic oak trees overlooking your own private spring-fed lake, providing a tranquil canvas for your equestrian dream farm. Silverleaf Hills Equestrian Estates, a newly developed, gated community spanning over 768+ acres of breathtaking beauty and this farm is the 2nd largest in the community, adjacent to the Kentucky Derby winning training center McPeek Racing. Nestled in the heart of the community with one of the highest elevations for amazing picturesque views and several premier building sites designed for efficiency and elegance. First-Class Construction: This farm was built with commercial quality infrastructure including roads with underground drainage systems around your primary parcel, ensuring durability and ease of management for your equine operations perfectly laid out for breeding and or show farm use. Three Parcels totaling 61+ acres: 28.55 lake and pastures, 23.06 with 2 barns and 22 paddocks. covered walker and round pen, 10.06 broodmare pasture. "The Twins" - TWO Classic Kentucky style Block Center Aisle Barns with 22 12x12 stalls each for a total of 42 (2 double foaling stalls), newly equipped with LED lighting and have rubber mats and wooden lower walls. The barns mirror each other between a Magnolia lined viewing lane, Multiple tack rooms, a laundry room, office spaces, a break and feed rooms, 2 breeding stocks and storage rooms and each barn equipped with fly systems. The circle drive with unloading side ramp for all rigs makes easy access . Features 19 covered paddocks with oversized three sided shelters built with steel and on concrete/clay base, with 5 board and no climb fencing and auto waters. 100 x 200 outdoor arena, round pen and a 6-horse walker within a covered building. Oversized well and 50 amp RV hookup with its down dedicated septic. Bring your own builder and create the ultimate Equestrian masterpiece.

Listing Agent

Chandler Marks

COMPASS FLORIDA LLC Brokerage Phone: 407-203-9441 License #3256230 Listed on: 07/01/2025

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,490

Year Built

  • Built in 1992

Lot Details

  • 61.67 Acre Lot
  • Lake Front
  • East Facing Home
  • Wood Fence
  • Board Fence
  • Mature Landscaping
  • Lot Has A Rolling Slope
  • Oak Trees
  • Property is zoned A1

HOA Fees

  • $794 Monthly HOA Fees

Property Views

  • Lake
  • Woods

Home Design

  • Studio
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 504 Sq Ft Home
  • Ceiling Fan
  • Storage Room
  • Laundry Room
  • Inside Utility

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Outdoor Features

  • Access To Lake
  • 22 Paddocks and Pastures
  • Horse Property
  • Courtyard

Farming

  • Barn
  • Farm
  • Pasture

Horse Facilities and Amenities

  • Zoned For Horses
  • 42 Horse Stalls
  • Stables
  • Arena
  • Riding Ring

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • 1 Water Well
  • 2 Septic Tanks
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, management, private road
  • Parklane Association
  • Silverleaf Hills Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Horses Allowed in Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,490

Year Built

Built in 1992

Lot Details

0

HOA Fees

$794 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Management, Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 504
  • Lot Size Acres: 61.67
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 504
  • Lot Size Sq Ft: 2686345
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 46.82
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 11805.56
  • Total Acreage: 50 to less than 100
  • Water Access YN: 1
  • Property Description: Studio/Efficiency
  • AG Exemption YN: 1
  • Barn Features: Barn Office,Bathroom,Block,Center Aisle,Feed Room,Fly Spray System,Horse Barn,Hot Water,Tack Room,Washrack
  • Number Of Paddocks Pastures: 22
  • Number Of Stalls: 42
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-203-9441
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: None
  • Foundation Details: Slab
  • Levels: One
  • Spa Yn: No
  • Additional Rooms: Inside Utility,Storage Rooms
  • Living Area Meters: 46.82

Exterior Features

  • Direction Faces: East
  • Other Structures: Barn(s)
  • Exterior Features: Courtyard
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods, Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Farm Type: Horse

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Underground Utilities
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Gated Community - No Guard, Golf Carts OK, Horses Allowed
  • Association Fee: 2382
  • Association Fee Frequency: Quarterly
  • Association Name: Parklane
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 9528.00
  • Total Monthly Fees: 794.00
  • Monthly HOA Amount: 794.00

Lot Info

  • Zoning: A1
  • Parcel Number: 4764-25-000
  • Additional Parcels: No
  • Fencing: Board, Fenced, Wood
  • Lot Features: Farm, Pasture, Rolling Slope, Paved, Zoned for Horses
  • Horse Amenities: Arena, Riding Ring, Stable(s)
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3490.38
  • Tax Block: 39
  • Tax Book Number: 002
  • Tax Lot: 39

Multi Family

  • Waterfront Features: Lake Front
  • Approval Process: refer to property manager

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 Price Changed $5,950,000 0.0% $11,806 / Sq Ft
12/02/2025 12/02/25 For Sale $5,950,000 -7.0% $11,806 / Sq Ft
11/30/2025 11/30/25 Off Market $6,395,000 -- --
11/06/2025 11/06/25 Price Changed $6,395,000 0.0% $12,688 / Sq Ft
11/06/2025 11/06/25 For Sale $6,395,000 -1.6% $12,688 / Sq Ft
10/31/2025 10/31/25 Off Market $6,500,000 -- --
09/09/2025 09/09/25 Price Changed $6,500,000 -10.9% $12,897 / Sq Ft
07/01/2025 07/01/25 For Sale $7,295,000 -- $14,474 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: OM704718

Stellar MLS